Why You Should Be Optimistic in 2025

By Brett Eversole

"You're starting at a good time," my new boss told me...

"Everyone thought the world was ending last year," he continued. "But it didn't. And now, there are opportunities everywhere."

At the time, I could hardly explain the difference between a stock and a bond. So I dumbly nodded my head, trying to soak up as much knowledge as I could.

It was the summer of 2010, a little more than a year after the stock market hit bottom. I had just come on board at Stansberry Research. And while I hardly realized it, it was an incredible time for investors.

The worst of the crisis was over. The economy had stabilized... sentiment was slowly improving... and stock prices were rising. It was the perfect formula.

And if you'd bought back then and

“Bond Market Rout” in the UK (like in the US) Only Pushes the 10-Year Yield into Low End of Old Normal after Many Years of Interest Rate Repression

By Wolf Richter for WOLF STREET.

The 10-year yield of UK government securities rose to 4.82% today, the highest since July 2008. The 30-year gilt yield rose at one point today to 5.47%, the highest since 1998, though it backed down to 5.38%. So the UK is a little ahead of US Treasury yields (4.69% and 4.93% respectively).

There was a lot of handwringing in the financial media today and recently about those surging yields, with terms like “gilt market rout” getting into the headlines, and some even seeing a “return of the bond vigilantes,” etc. etc. But wait a minute…

Back on July 29, 2020, the 10-year gilt yield had dropped to an all-time low of 0.09%, back when everyone holding gilts was clamoring for yields to go negative because these holders would benefit from falling yields because bond prices rise when yields fall, and that path into the negative would be the necessary and logical continuation of the 40-year bond bull market and make it an eternal bond bull market, with yields falling ever deeper into the negative, or whatever.

Tariff Shockwaves: Are You Prepared for the Fallout?

“It… is a beautiful word. One of the most beautiful words I’ve ever heard. It’s music to my ears.”

– Donald Trump

Donald Trump’s favorite word could spell chaos for the global financial order.

He used it frequently on the campaign trail, calling it “the greatest thing ever invented.”

That word? Tariff.

Trump’s fondness for it has only grown deeper since the election. In a series of tweets over the past month, he’s threatened a half dozen historic tariffs, including:

Pundits reacted with their usual alarm. They feared hyperinflation, isolationism, and a collapse of global trade. But that’s a fundamental misunderstanding of how Trump operates.

And if you want to execute the Trump Trade well, you must understand exactly how he works.

Trump Rule #1: Trump makes huge threats for easy wins

It’s always been his MO. During his first term, Trump threatened to pull out of NAFTA—then settled for a renegotiation of the agreement.

In 2018, he threatened Europe with tariffs. The European Commission promised to import more American soybeans and LNG. In return, Trump said he would “hold off on further tariffs.”

A year later, Trump announced a 5% tariff on Mexican imports, increasing by 5% every month until the border problem was fixed.

Monthly Bitcoin ATM additions in Australia hit 29-month streak

Monthly Bitcoin ATM additions in Australia hit 29-month streak by Ezra Reguerra

Australia has a total of 1,359 Bitcoin ATMs, which is about 3.5% of all crypto ATMs in the world.

Bitcoin automated teller machines (ATMs) in Australia increased monthly for over two years, pushing the number of crypto ATMs in the country near the total number of machines in Europe.

Crypto ATM data tracker Coin ATM Radar shows that in the last 29 months, Australia maintained a net positive addition of Bitcoin ATMs at a stretch. According to the data, Australia has 1,359 ATMs, which account for 3.5% of all Bitcoin ATMs across the globe. While the percentage seems low, Australia ranks third in the number of Bitcoin ATMs globally.

Crypto ATM removed or installed in Australia. Source: Coin ATM Radar

The number of Bitcoin ATMs in Australia almost reached the amount found in Europe. According to the data tracker, Europe has 1,660 Bitcoin ATMs. If exceeded, Australia will be home to the third largest Bitcoin ATM network after the United States and Canada.

United States leads in the number of Bitcoin ATMs

Essential Advice Nobody Else Will Give You

By Dan Ferris

Editor's note: Today, we're continuing our holiday series by revisiting some of our favorite timeless essays from Stansberry Research and our affiliates. In today's piece, which we last shared in 2018, Dan Ferris shares the "negative advice" all great investors follow... and why you can't afford to ignore it.

Also, our offices will be closed tomorrow and Wednesday for Christmas. We'll return to our regular DailyWealth schedule – with more classic investing insights – on Thursday, December 26. Until then, enjoy the holiday!

All investing success requires mastery of a single skill.

If you don't gain this expertise, you'll never make much money as an investor. You might occasionally get lucky... but you'll likely lose everything you make without this skill firmly under your belt.

The skill I'm talking about is saving money.

But it goes even deeper than that...